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Paddle place manufactures paddles and tables.... Paddle Place manufactures paddles and tables. In December, the two production departments had budgeted allocation bases of 3,100 machinehours

Paddle place manufactures paddles and tables....

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Paddle Place manufactures paddles and tables. In December, the two production departments had budgeted allocation bases of 3,100 machinehours in Paddle and 6,900 direct manufacturing labor-hours in Table. The budgeted manufacturing overheads for the month were $51,200 and $56,900, respectively. For Project X, the actual costs incurred in the two departments were as follows: Paddle Table Direct materials purchased on account $80,000 $177,500 Direct materials used 21,200 12,200 Direct manufacturing labor 41,900 53,500 Indirect manufacturing labor 8,900 9,000 Indirect materials used 5,100 4,750 Lease on equipment 14,100 3,750 Utilities 990 1,250 Project X incurred 900 machine-hours in Paddle and 200 manufacturing laborhours in Table. The company uses a budgeted overhead rate for applying overhead to production. Required: 1. Determine the budgeted manufacturing overhead rate for each department. 2. Prepare the journal entries for Paddle department. 3. What is the total cost of Project X

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